It's Your World. We Just Deliver It.

Minuteman and ASC both provide security-focused technology solutions to customers in various commercial markets.  The post Minuteman Security and Life Safety and Access Security Corp. Join Forces appeared first on Security Sales & Integration.

How your organization can leverage the disruptive CrowdStrike update to become more resilient.

The union said the employees were demanding a pay increase, having not received a raise for seven years.

According to AlixPartners’ 2024 Home Delivery study, online shoppers demand faster, free shipping, with many switching retailers if expectations are not met.

Economists anticipated lackluster economic growth last quarter. Instead, growth surged, a sign of the still-resilient economy.Why it matters: The soft landing was very much intact this spring. Price pressures eased, but not at the expense of the strong economy and labor market.What they're saying: "While these estimates will be revised a few times, they do point to the continued strength of the U.S. economy despite the high interest rate environment we've been in for over a year," NerdWallet senior economist Elizabeth Renter wrote Thursday morning.The big picture: The economy grew at an annualized 2.8% in the second quarter, up from the modest gain of 1.4% at the start of 2024. The consumer was the key driver of last quarter's strong economic growth. Personal consumption expenditures increased at a 2.3% annualized rate, gaining from the 1.5% pace in the prior period. That category contributed 1.6 percentage point to the increase in GDP figure. Another big contributor to growth: Businesses stocked up inventories at a strong rate, adding 0.8 percentage point to GDP. Given that consumer spending was so brisk last quarter, the stocking was likely to keep up with current demand — not to make up for prior shortfalls.Capital spending rose at a 5.2% annualized rate, reflecting a surge in spending on equipment (+11.6%) and continued investment in intellectual property (+4.5%).The jump in spending on equipment and intellectual property "affirms our conjecture that the American economy is in the midst of a productivity boom that in turn will result in an improved standard of living across the economy for all cohorts," RSM economist Joe Brusuelas wrote in a note.Between the lines: A narrower measure of growth affirms the economy's resiliency in the second quarter.Final domestic private sector sales — which strips out volatile categories like inventory shift, government spending and trade — increased at a 2.6% annualized rate, the same as the previous quarter.The intrigue: The second quarter saw strong growth alongside lower inflation — a reversal of dynamics observed in the January to March period, when inflation resurged and headline GDP moderated.Still, other indicators point to potential risks for the economy. The unemployment rate has risen in recent months to 4.1%, the highest since 2021. Should the labor market lose steam, that could slow consumer spending and crimp the economy.What to watch: The Federal Reserve holds a policy meeting next week. No rate changes are expected, though officials look likely to lay the groundwork for a rate cut in the fall.

Federal judge declares case “exceptional” under U.S. patent law and orders Sensormatic to reimburse Genetec for a portion of its legal costs. The post Delaware Judge Clears Genetec in 2020 Sensormatic Patent Infringement Case appeared first on Security Sales & Integration.

As Pret faces the backlash from axing its “too good to be true” subscription service, Retail Week looks at how far is too far when it comes to building customer loyalty and offering value for money

Through the use of Essence Security's MyShield product line, Securitas Direct Switzerland will be able to provide its customers with first responder-like services that include a solution that fills a room with smoke once an intruder is detected. The post Securitas Direct Switzerland to Utilize Essence Security MyShield Platform appeared first on Security Sales & Integration.

Conn's HomePlus, a 134-year-old home goods store known throughout 15 states, filed for Chapter 11 bankruptcy Tuesday and is set to close 71 of its 170 stores.

Mega eyewear retailer Warby Parker is opening its newest Fairfield County location just in time for school and summer shopping.The store will open at the Danbury Fair Mall on Saturday, July 27, and will offer the latest styles at rock-bottom prices.For years, the business was known as an online bra…

Data: U.S. Department of Commerce; Chart: Axios VisualsThe U.S. economy grew at a 2.8% annualized rate in the second quarter—a faster rate than economists expected as consumer spending increased and businesses built up inventories, the Commerce Department said on Thursday.Why it matters: The new data raises confidence the economy has achieved a "soft landing" — healthy economic growth alongside cooling inflation. Economists expected an annualized growth rate of 1.9% last quarter. The economy grew at a 1.4% rate in the first three months of the year.Driving the news: The accelerated growth stemmed from a jump in inventory investment and consumer spending. Companies also increased spending on equipment and intellectual property. That was partly offset by a slump in housing, the government said.Personal consumption expenditures rose at a 2.3% annualized rate last quarter, up from the 1.4% in the first quarter.Consumer spending contributed 1.6% to the rise in GDP, while private inventories added 0.82 percentage point. The big picture: Gloomy forecasts of a recession over the past year have not come to pass. The Federal Reserve raised interest rates to the highest in two-decades to restrain growth and bring down inflation—raising expectations those actions would tip the economy into a sharp slowdown.Fed officials have cautiously suggested the economy has achieved a soft landing as inflation dissipates. The central bank is expected to keep rates on hold at the policy meeting next week and set the table for a rate cut in September.The bottom line: The economy continues to defy expectations of a slowdown.Editor's note: This story was updated with a new chart and additional context.

Gen Alpha is forecast to become the largest generation in history, reaching more than 2 billion worldwide by 2025, according to GWI research. And this cohort’s spending power is only going to grow, which is why brands and retailers are focused on creating spaces designed to meet their distinct needs, behaviors and passions. In most […]